Majed Alkuraydis
Biography
Overview
Majed is a partner at White & Case based in Riyadh, Saudi Arabia. His practice focuses primarily on capital markets and M&A transactions. He has advised on some of the largest and market-first transactions in the Kingdom. He also regularly advises clients on matters of Saudi law, corporate governance, securities regulations, and investment funds.
Experience
Representative experience includes:
Represented Al Faisaliah Group in the market-first main market cornerstone investment in the Jamjoom Pharmaceuticals IPO.
Represented Al Faisaliah Group, as a major shareholder, in the SAR 1 billion IPO of First Milling Company.
Represented Al Faisaliah Group in its acquisition of a minority stake in a leading Saudi real estate developer.
Represented Al Faisaliah Group in its acquisition of a minority stake in SMASCO, the leading manpower solutions provider in Saudi Arabia.
Represented Al Faisaliah Group in the commercial and legal structuring, negotiation, and closing of a joint venture in the F&B sector.
Represented Industrialization and Energy Services Company (TAQA) on its acquisition of an 80% stake in AZR Technologies Industrial Services Company.
Represented Bank AlJazira on its SAR 2 billion Tier 2 Sukuk issuance due 2031.
Represented Tanmiah Food Company in connection with its USD 107.2 million IPO on Tadawul.
Represented a number of capital market institutions, including BlackRock Saudi Arabia, The Family Office and Sadu Capital in connection with their CMA licensing and regulatory matters.
Advised the Local Content and Government Procurement Authority on a range of regulatory matters.
Represented Riyadh Airports Company on a number of complex regulatory and contractual matters.
Represented Unified Hospitality Company on a number of commercial and franchising arrangements.
Advised Saudi Aramco in connection with its USD 25.6 billion IPO on Tadawul (the world's largest IPO to date).
Advised Saudi Aramco in its USD 69.1 billion acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund.
Represented the Saudi Automotive Services Company (SASCO) on its acquisition of Zaiti Petroleum Services Company (Zaiti).
Represented Ligabue Catering Services Company on its acquisition of a 40% stake in Saudi Arabian Catering Enterprise Ltd.
Represented CB&I Group Inc on its acquisition of the remaining stake held by minority shareholders in Lummus Alireza Limited Company and advising on a subsequent corporate restructuring.
Advised the Saudi Royal Court on the formation and governance arrangements of the Saudi Royal Aviation.
Advised Saudi Aramco on the structuring and development of the USD 1.5 billion Project Ajyal home ownership and mixed-use development scheme.
Represented Assystem, a global engineering company listed on NYSE Euronext in Paris, on its acquisition of a 75% stake in Radicon Gulf Consultancy.
Advised Maceen Capital in connection with various investments, including structuring, establishment, and liquidation of investment funds.
Provided consultations to government bodies on various new laws and regulations, including the draft Telecommunications and Information Technology Law, and the draft Instructions for Foreign Strategic Investors' Ownership in Listed Companies.
Advised the Saudi Real Estate Refinance Company (SRC) in connection with establishment of SAR 10 billion domestic Sukuk issuance programme and issuance of SAR 1 billion guaranteed Sukuk due 2028 and SAR 3 billion guaranteed Sukuk due 2031.
Advised Saudi Aramco on the establishment of its first sukuk program for the issuance of up to USD 10 billion sukuk, and debut USD 3 billion sukuk issuance under the program.
Advised Saudi government bodies on a range of regulatory matters, including the establishment of special purpose government funds and a new center intended to support Saudi Arabia's strategic partnerships program.
Represented L'azurde Company for Jewelry in connection with its USD 127 million IPO on Tadawul.
Represented Leejam Sports Company in connection with its USD 218 million IPO on Tadawul.
Regularly advised listed companies and companies intending to do an IPO on corporate governance matters, including advice concerning pre-IPO corporate governance design and post-IPO corporate governance obligations.
Assisted ANB Invest in the establishment of an investment fund for the acquisition of the Business Gate, a landmark mixed-use property in Riyadh, for an aggregate value of over USD 533 million.
Represented Saudi Fransi Capital (acting as the underwriter) in connection with the rights issue of 25,000,000 shares by AXA Cooperative Insurance Company, a Saudi cooperative insurance company, with an aggregate value of USD 67 million.
Provided ongoing support and advice to the FAST Consortium (comprising FCC Construccion, Samsung C&T, Strukton and Freyssinet) in connection with designing, developing, and constructing various lines of the Riyadh Metro project.
Advised various multi-national companies in connection with the structuring and incorporation of joint ventures and other business entities and associations in Saudi Arabia.
